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    Letter to Editor of the FT:-



    Sir,

    Stefan Wagstyl writes (FT Money 18/12) that 'Richer people are more likely to fall prey to fraudsters'.

    A famous (though possibly apocryphal) story is that Willie Sutton, an American career criminal of the Thirties, was asked by reporter Mitch Ohnstad why he robbed banks. According to Ohnstad, he replied, "Because that's where the money is".

    Plus ça change

    Yours faithfully

    Bob Frost

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